Operator · Canada Oil Sands
Perpetual Energy Inc
26 articles mentioning Perpetual Energy Inc · Page 1 of 2
Perpetual Energy CFO Retires; Director Tapped as Successor
Perpetual Energy Inc. reported the retirement of Vice President Finance and CFO Mark Schweitzer. Schweitzer joined the Company in January 2017 and will remain in his existing capacity until the spring of 2021. One of Perpetual's...
Perpetual Energy Third Quarter 2020 Results
Perpetual Energy Inc. reported its Q3 2020 results. Capital Spending, Production and Operations: Third quarter production averaged 4,188 boe/d, down 50% from 8,383 boe/d in the comparative period of 2019, due primarily to the sale of...
Perpetual Energy Second Quarter 2020 Results
Perpetual Energy Inc. reported its Q2 2020 results. East Edson Transaction On April 1, 2020, the Company sold a 50% working interest in its East Edson property in West Central Alberta to a third-party purchaser for...
Perpetual IDs 1Q20 Capex, Well Plans; Defers Full Guidance Until End of Q1
Perpetual Energy Inc. reported its Q4 2019 results as well as its 2020 capital program. Outlines Q1 Capex Only; Defers Rest Perpetual's board has approved a capital spending program of $6 million for the first quarter...
Perpetual Talks Q1 2020 Well Plans; Borrowing Base Cut by $10MM
Perpetual Energy Inc. has detailed its drilling plans for Q1 2020 as well as a change to its borrowing base. Q1 2020 D&C Perpetual's directors have approved a drilling program for the first quarter of 2020...
Perpetual Energy Reports Q3 2019 Results
Perpetual Energy Inc. reported its Q3 2019 results. Highlights include: Exploration and development spending for the third quarter of 2019 was $4.5 million and was primarily directed towards the drilling and completion of two (2.0 net)...
Perpetual Energy Talks Q2 Results; Cuts 2019 Spending Plans
Perpetual Energy Inc. reported its second quarter 2019 financial and operating results. Outlook Perpetual has reduced its 2019 capital expenditure and adjusted funds flow guidance from a range of $21 to $25 million and $22 to...
Perpetual Energy Details Q1 2019 Results, Financials
Perpetual Energy Inc. reported its first quarter 2019 financial and operating results. Highlights from the quarter include: Heavy oil production in Eastern Alberta grew 30% relative to the prior year first quarter, driven by positive results...
Perpetual Cuts Capex for -32% 2018; Talks Q4 Production, Results
Perpetual has released its Q4 2017 results. Q4 Highlights: Fourth quarter average production of 11,765 boe/d- combination of production growth of 45% relative to the fourth quarter of 2016 Cuts 2018 Capex In response to recent...
Perpetual Chops Spending Over 50% for 2018; Talk D&C Plans
Perpetual Energy has detailed its 2018 outlook as well as its Q4 2017 results. 2018 Plans - 2018 Capex: $20-43 million (down over -50% at the midpoint from 2017) West Central Liquids Rich: $10-33 million Mannville...
Perpetual Energy Reports Q3 2017 Results, Production
Perpetual Energy reported its Q3 2017 results. Highlights: Production and Operations Exploration and development spending totaled $25.4 million in the third quarter ($53.9 million year to date), a significant increase over prior year spending of $1.4...
Perpetual Energy's Borrowing Base Doubled to $40MM
Perpetual Energy has entered into a new reserve-based credit facility agreement which increases the borrowing capacity by 100% to $40 million from the previous $20 million. The next semi-annual loan review is scheduled for November 30,...
Viking, Deep Basin E&P Spending Over 600% More in 2017; $65MM
Perpetual Energy has detailed its capital spending plans and expected production growth for 2017.
Perpetual Focuses on Minimal Spending; $4.5MM for 2H 2016
Perpetual Energy Inc. reports its financial and operating results for the three and six months ended June 30, 2016.
Perpetual Defers Completions Until 2H 2016; Restricts Spending
Perpetual Energy Inc. reports its financial and operating results for the three months ended March 31, 2016.
Perpetual Limiting 2016 Drilling to 1.0 Net Well; Reports 4Q Results
Fourth quarter production of 19,661 boe/d was 17 percent lower than 2014 (23,685 boe/d).
Perpetual Energy Reduces 2015 Capex
Reduced its first quarter capital expenditure budget from the previously announced $65 million to $45 million.
Perpetual Energy Drilling 6 net Wells in 2014 Remainder
Perpetual Energy Inc. has announced an operational update for East and West Edson Operations.
Perpetual Energy Developing Edson, Exploring Mannville in 2104
Drilling 29 gross, 23.6 net wells in second half of 2014.
Perpetual Energy Plans 20 Wells at Mannville, West Edson
Mannville heavy oil: 10 (8.8 net) wells, West Edson: 10 (5.5 net) wells and completion of the facility enhancements at the West Edson gas plant.